The feeling of a chill down the back may indicate a big drop ahead.

1000SATS poised for action, will it rebound from the low or continue to sink?

Market Analysis:
In recent days, 1000SATS has been somewhat 'unstoppable in its decline', with the price hovering in the bottom region, leaving people both hopeful and fearful. However, the longer the bottom consolidation lasts, the more likely it is to brew a rebound at any moment. The key now is to see who can hold up at the critical support levels, as the battle between bulls and bears continues, and there are still some uncertainties in the short term.

Support and Resistance Levels:
• Support Levels: 0.0002200, 0.0002120, 0.0002050
• Resistance Levels: 0.0002270, 0.0002340, 0.0002430

Short-term Trading Strategy:

Long Strategy:
• Entry Point: 0.0002200
• Add Position Point: 0.0002120
• Stop Loss Point: 0.0002030
• Take Profit Targets: 0.0002270, 0.0002340, 0.0002430

Short Strategy:
• Entry Point: 0.0002270
• Add Position Point: 0.0002340
• Stop Loss Point: 0.0002450
• Take Profit Targets: 0.0002200, 0.0002150, 0.0002120
$1000SATS


My Prediction:
Currently, it appears that 1000SATS has been in a continuous pullback, and the bearish forces are gradually weakening. The support at the bottom is quite evident, making the chances of going long somewhat greater; positioning for long trades at low levels may be a good choice while waiting for a rebound to break through the upper resistance area.

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